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Old December 6th, 2007, 12:42 AM   #1
KulasKusgan
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DAVAO | One Oasis [5Fx6|res|u/c]

PIA Press Release Dec 06

Filinvest sets new investments in Davao City

by Prix D Banzon

Davao City (6 December) -- The investments of Filinvest Land Incorporated (FLI) in Davao City is estimated to reach P6 billion next year when it starts to work on the P1.5 billion "One Oasis Davao City" early 2008.

Tristan Las Marias, FLI vice president for Visayas and Mindanao regional operations in a press briefing on Wednesday at the Marco Polo Hotel said One Oasis Davao City is another pioneering residential development project of the biggest full range property developer in the country.

Filinvest owned by the Gotianun (Andrew and Mercedes) who started with P300,000 for a business capital and now with a net worth of $860 million, was named by Forbes Magazine as the 7th richest people of the Philippines of 40 rich individuals.

He said the other residential projects in Davao are Le Jardin, Fuente de Villa Abrille, Villa Mercedita, Orange Grove and Kembali Coast.

Meanwhile he said One Oasis is a cluster of medium rise residential building (MRB) development commonly called as "Walk up Condominium Units located on a 2.3 hectares property within the heart of the city at Ecoland West Drive beside SM City Davao.

He said the project was created not only because many people placed inquiries if FLI will put up a medium rise residential units but also because the city is already ready for the concept.

The project he said is made up of seven medium rise buildings to be developed over a three to four year time-frame.

Each building he said will be 5 stories, each floor will have two bedroom units, one bedroom units, and studio units. There will be a total of 120 residential condominium units per building for a total of 850 residential condominium units for the entire buildings/cluster.

Las Marias said One Oasis Davao City is part of the One Oasis Brand of Filinvest Land which also includes similar One Oasis projects in Ortigas, and Cainta in Metro Manila.

The project in Davao City is an Asian-Tropical inspired community. It is near offices, schools, churches, health clinics, commercial establishments and accessible to public transport along Quimpo Boulevard.

He said it is fully secured community with guarded access gates with first class amenities such as clubhouse, gardens, parks/children playground and swimming pool.

The first phase of development will consist of four walk-up residential condominium buildings, each building having 5 levels with basement and rooftop. All units will have an assigned laundry area located at the roof-deck level of the building.

There will be two stairways located at both ends of the building and one unit elevator at one end of the building for the use of the entire building residents. Parking slots at the ground level and storage areas are located at the basement are available for sale.

With very affordable monthly amortization that ranges from P12,000 to P15,000 depending on the type of the unit Las Marias said they will only utilize 35 percent of the area for building sites and the rest will be open spaces for parks, playground and swimming pool for the children to uncover.

He said they target to do the ground breaking in March 2008 and project construction to run for 8 to 12 months. (PIA) [top]
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Old December 6th, 2007, 12:49 AM   #2
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related news...


Thursday, December 06, 2007
Filinvest Land pours in P1.5B investments

THE Filinvest Land Inc., one of the leader and biggest full range property developer in the Philippines, is bringing another pioneering residential development project in Davao City worth P1.5 billion.

One Oasis Davao City, the newest project of the Filinvest Land, is the addition to the other projects of Filinvest Land in the city such as Le Jardin, Fuente de Villa Abrille, Villa Mercidita, Orange Grove, and Kembali Coast.

Tristan Las Marias, Filinvest vice-president for Visayas and Mindanao projects, said at a press briefing Wednesday at the Marco Polo Davao, that the name Oasis is derived from the word Oasis, which means a peaceful or tranquil area amidst a hectic and troubled place.

One Oasis Davao City is a cluster of medium rise residential building (MRB) development, or more commonly called as "walk-up condominium units."

"The site is located on a 2.3 hectares property in Ecowest Drive in Ecoland Subdivision, the site is not near SM City, it is just beside SM and its 700 meters steps away from SM," Las Marias said.

"It is very accessible through public transport, just a few minutes away from offices, schools, churches, and commercial establishments. It's also a fully secured community with guarded access gates. It also has first class amenities such as a clubhouse, gardens, children playgrounds, and swimming pool," he added.

One Oasis Davao City is made up of seven medium rise buildings, to be developed over a three to four years time frame.

In its first phase, four walk-up buildings will be built. Each building has five levels with a basement and a rooftop. Each level will have 24 condo units.

A total of 120 residential condominium units per building for a total of around 850 residential condominium units for the entire cluster will be developed.

Each one-bedroom unit costs P1.3 million, while the two-bedroom is pegged at P1.9 million to P2 million each.

Each building is expected to be completed in eight to twelve months, Las Marias said.

The project is a product of inquiries from overseas Filipino workers (OFWs), and other middle-income people who want to have walk-up condominiums in Davao City.

The Filinvest Land Inc. has already poured in P5 to P6 billion investments in Davao City for the last 10 years. (JGRS)
http://www.sunstar.com.ph/static/dav...vestments.html



PIA Press Release
2007/12/06

Medium-rise residences woo Davao residents

by Prix D Banzon

Davao City (6 December) -- The shift of homebuyers to medium rise residential buildings (MRBs) is an indication that Davao City is ready for the new concept.

Tristan Las Marias, vice president for regional operations of Filinvest Land Incorporated of Visayas and Mindanao said the coming in of MRBs is also to respond to the non-availability of lands very near the urban centers.

The city also has outgrown the trend of horizontal residential development and has move towards the more sophistical and (more practical) vertical residential developments.

"The strength of which is to maximize small parcel of land within highly strategic areas to provide accessible and practical residential dwellings to local and out of town market," he said.

He said their market for the MRBs are the out town residents where they have children studying in universities and those working in Davao City but with homes in the provinces.

"The cost of an apartment and the transportation would turn more expensive than when they reside just within the urban center," he said.

Other than that he said acquiring a "Walk-up Condominium Unit" is not an expense just like renting an apartment but an investment.

FLI he said is excited about Davao City as its local economy and the local estate industry have started to signs of growth and maturity.

He said more residential projects have started to sprout within the city, making scare (and more valuable) available developable land within the city itself.

Meanwhile Las Marias said 40 percent of the market is cornered by the Overseas Filipino Workers (OFWs) while 20 to 30 percent are buyers outside of Davao City and most of their MRB market are the locals who look for new concept of living.

"The locals are those who used to live in big residential houses because they own large tract of lands but wanted to try something different that will give them free access to institutions very near their residences," he said.

He said Filinvest will acquire and develop more projects in Davao City, Las Marias also said that Filinvest will continue their project expansion even as he said that they are willing to invest in the City more than the current figures depending on the kind of project. (PIA)
http://www.pia.gov.ph/default.asp?m=...1206.htm&no=04
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Old December 6th, 2007, 03:30 AM   #3
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wow talaga Filinvest pouring investments in Davao !
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Old December 6th, 2007, 03:56 AM   #4
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wow! so meaning tapos na ang plans (since may description na) and most probably finafinalize na lang ang documents

but di man lang sila dumaan ng pre-selling stage?
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Old December 6th, 2007, 06:56 AM   #5
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ano ba yung "walk-up" para sa mga kulasisi seriously eto ba yung hi-rise tapos 1-bedroom lang ?
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Old December 6th, 2007, 06:56 AM   #6
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...
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Old December 6th, 2007, 09:56 AM   #7
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Quote:
Originally Posted by dinabaw View Post
ano ba yung "walk-up" para sa mga kulasisi seriously eto ba yung hi-rise tapos 1-bedroom lang ?
It's a condominium na walang elevator and the only way up...is to walk up. eheheheh but seriously...it is.
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Old December 6th, 2007, 11:03 AM   #8
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ahaha yun pala thanks teej
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Old December 6th, 2007, 03:10 PM   #9
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WOW! WOW! WOW!

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Old December 7th, 2007, 09:47 AM   #10
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Filinvest sets P6-B capex for Davao projects
DAVAO CITY — Gotianun-owned Filinvest Land, Inc. has earmarked P6 billion in investments in the Davao Region.

Tristan Las Marias, company vice-president for Visayas and Mindanao said Filinvest would develop a 2.3-hectare land in the region into "walk-in condominiums."

Called One Oasis, the project will be located in the Ecoland district and will be composed of seven medium-rise buildings costing P1.5 billion.

The project, the official said, would be completed in four years.

The company is also investing in its Kembali Coast, a residential beach resort in the Island Garden City of Samal where it is pouring in another P1.5 billion.

Three other commercial and residential projects of Filinvest in this city are Fuente de Villa Brille, Orange Grove and Villa Mercedita.

All of the developments target the middle to upscale markets with prices ranging from P500,000 to P2 million for lots and from P2 million to P5 million for house-and-lot packages.

Good location

The new condominium projects, Mr. Las Marias said, would target buyers who want to own residential units near the center of the city. "Location is everything," he said, adding that the project is adjacent to SM City Davao, one of the biggest shopping malls in the city.

"This is our selling point," he said.

Filinvest, he added, has observed that the city’s economy and the local real estate industry have started to show signs of growth and maturity. "The Davao economy is really on the upswing," he said, adding that even before the project could start, the company has already received a significant number of inquiries.

Each unit will be sold at P43,000 per square meter, said Mr. Las Marias, noting that the company was expecting to sell at least P300 million per year upon the completion of the first condominium by early 2009.

Each of the buildings will have five levels including the roof top with each building having 120 residential condominium units. The units are either two-bedroom units, one-bedroom units or studio type units.

The company is expected to aggressively sell the units not only to city residents but also to those outside the city and overseas Filipino workers.

About 40% of the company’s clients are overseas workers, while about 30% are outside the city who are either working here, have children attending local schools or want to have residences in the city.

He said the project was patterned after similar ventures in Ortigas and Cainta, both in Metro Manila.

— Carmelito Q. Francisco || BUSINESSWORLD
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Old December 7th, 2007, 09:50 AM   #11
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Quote:
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He said the project was patterned after similar ventures in Ortigas and Cainta, both in Metro Manila.

— Carmelito Q. Francisco || BUSINESSWORLD
By the way, eto yung ONE OASIS sa Ortigas....As per press releases, One Oasis Davao will be patterned after the Oasis project in Metro Manila.

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pic by thomasian
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Old December 7th, 2007, 09:54 AM   #12
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So just imagine a cluster of 7 midrise buildings at the back of SM City Davao with this design! weeeeeeeeeeeee
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Old December 7th, 2007, 10:28 AM   #13
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Quote:
Originally Posted by tj_brewed View Post
It's a condominium na walang elevator and the only way up...is to walk up. eheheheh but seriously...it is.
pero sinabi sa article bro na may "elevator on one of the building to be used by all the residents"
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Old December 7th, 2007, 11:10 AM   #14
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yeah nagkamali lang siguro ang filinvest

nga pala, sa building code, required ang building magka elevator once umabot ng 5 storeys
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Old December 7th, 2007, 11:36 AM   #15
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pero sinabi sa article bro na may "elevator on one of the building to be used by all the residents"
OO nga noh..i just noticed that...eheheheheh my bad..normally kc when u say "walk-up condos", wala syang elevator...but maybe not in One Oasis Davao's case coz it's a 5 storey building. So as per wayway's post re building code - may elevator.....eheheheheh

Quote:
Originally Posted by WawaY[625] View Post
yeah nagkamali lang siguro ang filinvest


nga pala, sa building code, required ang building magka elevator once umabot ng 5 storeys
Oo nga noh? Well that's the reason why FLI decided to include an elevator . But normally, a walk up condo has no elevator and other floors can be accessed by stairs.

Quote:

A walk-up is an apartment building with no elevator or an apartment unit in a building with no elevator.

http://apartments.about.com/od/glossary/g/walkupDef.htm
Quote:

walk-up
• adj. (of a building) allowing access to the upper floors by stairs only; having no elevator: a walk-up hotel.


http://www.encyclopedia.com/doc/1O999-walkup.html
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Old December 7th, 2007, 01:14 PM   #16
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and not only that but also bldgs should provide elevators for the handicaps
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Old December 7th, 2007, 01:33 PM   #17
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Quote:
Originally Posted by tj_brewed View Post


Oo nga noh? Well that's the reason why FLI decided to include an elevator . But normally, a walk up condo has no elevator and other floors can be accessed by stairs.

yeah yan din pagkabasa ko although i havent seen one personally

baka parang yung sa QL ang dating na garage sa baba tapos common stairs for a cluster of units?
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Old December 8th, 2007, 01:26 PM   #18
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typical example talaga ang QL ano?
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Old December 11th, 2007, 04:50 AM   #19
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Thats a great development. It compliments Davao's horizontal sprawl
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Old December 11th, 2007, 04:08 PM   #20
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One Oasis Davao Condominiums

One Oasis Davao Condominium, is situated in a 2.29 hectare-property along Ecowest Drive in Ecoland Subdivision, Matina, Davao City. Adjacent to (BESIDE) SM City Davao and is easily accessible through public transport along Quimpo Boulevard.

A 5-minute drive to almost all major offices, schools, churches, other malls, health clinics and commercial establishments.

Four (4) Asian Tropical Themed walk up residential condominium buildings, each building having 5 floors or levels.

First building will be have 24 condo units per floor or a total of 120 condo units for the first building. Start of construction will be March 2008, will be finished in 10 to 12months.

A condominium Project of Filinvest Land, Inc.
- One Located at the back of SM City Mall, Ecoland Davao City

- 7 condominium 5 Storey buildings which is consist of 4 residential condo, 3 commercial condohotesl

- now pre-selling One Oasis, building F

- Land area of 22,000sqm+

- almost fronting DMC Eco4000 Condominium Units

presenting...the official rendering of ONE OASIS DAVAO!


PERSPECTIVE


CLUBHOUSE


ENTRANCE

For queries, you may also email me at shealthiel@gmail.com or send an sms at 0927-772-1039
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